March 13, 2002
Notice by the Directorate
of Offshore Gaming in
Antigua and Barbuda, regarding
It has been brought to the attention of the Directorate of
Offshore Gaming, that customers of Timebet.com have been experiencing
difficulties with their accounts.
Timebet on its website advertises contact details
within Antigua and Barbuda and Mr. Edmund Chen is listed as
being the operator of this company.
Timebet.Com is not a registered gaming
company within the jurisdiction of Antigua and Barbuda. According
to our records, Timebet.Com has never sought a license to
conduct wagering within Antigua and Barbuda.
The Directorate of Offshore Gaming has received
some complaints from customer's regarding this company. Though
not a registered company within the jurisdiction, we view
the company's fraudulent statements as being cause for significant
Activities of this company have been referred
to the Authorities for possible sanction. This company has
been subject to a suspicious transaction report under the
provisions of Antigua and Barbuda's Money Laundering Prevention
Antigua and Barbuda will not allow companies
to tarnish the reputation and integrity of this jurisdiction.
Where such activities have been identified, we will seek to
prosecute all such companies to the full extent of the law
available to us at both the local and international level.
Directorate of Offshore Gaming, Antigua and Barbuda.
The Mutual Financial Center
#9 Factory Road
Tel. #: (268) 481 - 3300
Fax #: (268) 481 - 3305